InvestorsHub Logo
Followers 679
Posts 141062
Boards Moderated 36
Alias Born 03/10/2004

Re: DiscoverGold post# 1223

Friday, 07/21/2017 9:20:20 AM

Friday, July 21, 2017 9:20:20 AM

Post# of 5533
:::: DP Alert: PMO BUY Signal on Gold ::::
By Erin Heim | July 20, 2017

GOLD

IT Trend Model: Neutral as of 6/29/2017

LT Trend Model: BUY as of 4/12/2017

Gold managed to breakout above the rising bottoms trendline drawn from the January bottom. Since breaking above it, price has managed to stay above it. I'm happy to see a new PMO BUY signal and the positive angle on the OBV. I'd feel more confident in my bullish stance on Gold if the SCTR would improve. At this point I'd like to see $1300 hit again for a decisive breakout above long-term declining tops line resistance (green).



http://stockcharts.com/articles/decisionpoint/2017/07/dp-alert-spy-closes-on-all-time-high---utilities-etfs-ittm-buy-signals---pmo-buy-signal-on-gold.html

DiscoverGold

Click on "In reply to", for Authors past commentaries

*** For Market Direction and Trends visit our board:
https://investorshub.advfn.com/Market-Direction-and-Trends-26249/

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GDX News